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important meetings of the year. shinzo abe is flying to washington for his first talks with u.s. president barack obama since he took office in december. their agenda is packed and their discussions are expected to touch on everything from a wide-ranging free trade deal to punishing north korea. >> translator: i want the summit talks to show the international community that japan and the united states have restored the strong bond of their alliance. >> abe says that alliance became unstable during the former democratic party-led administration. he says he's going to talk to obama about the u.s.-led negotiations for the transpacific partnership. nations that joined the discussions for the free trade agreement are supposed to in principle eliminate all tariffs, but abe doesn't want to abide by the precondition. abe and obama are expected to share ideas on what to do about north korea. scientists in the country last week carried out their third nuclear test. they are agreed to push for a nuclear resolution imposing new sanctions on pyongyang. >>> government officials say the prime minister wi
of the korean people, the united states. u.s. representatives led the drive at the u.n. to expand sanctions. security council passed a resolution last month, coming -- or condemning the north koreans for launching a rocket in december. >> translator: the nuclear test was carried out as part of our efforts to protect our security and independence. it is aimed at responding to the ferocious and hostile act of the u.s. to block our right tosatel >> south korean defense officials estimate the explosion measured 6 to 8 kilotons, but they note it was below 10 kilotons when suggest scientists did not achieve full-scale nuclear detonation. experts in seoul say they are preparing for another missile launch. pyongyang celebrates. citizens watched a large screen in public square of the north korean capital. they cheered when the state broadcasts the test a success. >> translator: i am so happy to hear that the nuclear test was successf successful. our country has shown its strong will. it gives us courage. >>> a spokesperson for the south korean defense ministry says north korean authorities issued a
>>> welcome to nhk world "newsline." >>> barack obama has some unfinished business. the u.s. president says the hard work of millions of americans has not been rewarded and he says it's time to reunite the engine of economic growth. he promised to work on behalf of the middle class in his state of the union address. >> it is our unfinished task to restore the basic bargain that built this country, the idea that if you work hard and meet your responsibilities, you can get ahead, no matter where you come from, no matter what you look like or who you love. >> obama made the address before a joint session of congress. he said his first priority is making the country a magnet for new jobs in manufacturing. he said some of those jobs could come through investment and clean energy. he said the extreme weather americans have seen should remind them they need to do more to combat climate change. obama said america will remain the anchor of strong alliances around the world, as he outlined threats from abroad. he criticized north korean leaders a day after they carried out another nuc
killed in a blast in the turkish capital outside the u.s. embassy. smoke has been seen from the side entrance of the building. we will get the latest from the scene. a motorway bridge collapses in china, where a truck packed with fireworks exploded. in mexico city, 25 people have been killed in an explosion at the state oil company. rescuers are trying to help the many that were trapped. can australian do enough to stop the united nations from stripping the great barrier reef of its world heritage status? also, looking at what's happening in business news. and jobs in the usa. >> the american economy is shrinking. employment, hoping for 160,000 new jobs to have been created. we will get the manufacturing reports later today as well. >> its 12 noon in london, 7:00 a.m. in washington, 2:00 in the afternoon in turkey. if we start with breaking news. there's been an explosion in front of the u.s. embassy in turkey and one person has been killed. there's no indication as to what caused the explosion in a neighborhood that's home to a number of foreign missions. let's get the latest from o
. the party secretary said that the test was a self-defense measure against u.s. hostility. he said if u.s. officials continue to increase pressure north koreans will respond with high level counter measures. another official threat is capable of attacking military basis on the u.s. mainland. >>> kim jung one is celebrating his father's birthday. he's ordered the promotion of 48 commanders. kim jong-il would have turned 71 on saturday. kim jong-un promoted officers to the ranks of lieutenant and major general to mark the anniversary. kim said the promotions reflected the spirit of his father. he called the officers loyal warriors and he said they would help north korea achieve what he called final victory. >>> south korean defense ministry officials say they remain on alert for the possibility of another nuclear test by north korea. spokesperson said the north has been preparing for a nuclear test at a tunnel in addition to the western one that was used on tuesday. kim said the entrance of the western tunnel appears to be intact after the underground explosion. he explained no radioactive
koreans. japanese prime shinzo abe and u.s. president barack obama are trying to figure out how to punish north korea. they spoke on the phone and agreed to push for additional sanctions through the united nations security council. abe told obama the nuclear tests severely damages peace and security not only in northeast asia but around the globe. he said he wants officials in both administrations to work together to bring in financial sanctions. abe cited a previous u.s. sanction as a good example. in 2005 officials at the treasury department envoked penalties on u.s. financial institutions that dealt with north korea. obama said u.s. officials too want to cooperate. he said world leaders need to agree on a firm response. north korean scientists conducted a nuclear test on tuesday in violation of previous u.n. resolutions. abe is set to visit washington later this month to meet with obama in person. >>> obama's new secretary of state gave world leaders a push of his own. john kerry said they need to show they are serious about containing nuclear arms. >> north korea's nuclear weapons and
. >>> fueled by a weaker yen and strong sales of cameras in the u.s. >>> and shares in virgin media rally after an offer for a takeover that could value the uk cable operator at $20 billion. >> all right. welcome to tuesday. >> it's get together tuesday. coordinated, as well. >> the final print for the eurozone is finally come in, 48.6, a little better than the forecast of 48.2. >> may i just say, though, the employment index, look at that, 46.1, which is just barely better than the flash estimate but still the lowest since december 2009. on a downward trajectory. it's not germany where the final composite was 54.4. it's the periphery still. france's final january pmi falls to 46.1. >> france is where the concern is. we have francois hollande today speaking to the eu parliament. he's going to lay out his vision for the eu against that economic back drop. >> isn't it amazing? we come into the week yesterday with everyone still talking. you have that great barons cover, you come in, just get the risk trade massively off. and the question for today and the rest of the week is frankly whether that'
of afghanistan today ordered all u.s. special operations forces to leave an embattled area of that country within two weeks because of torture and other allegations against afghans working with the americans. the area is wardak province, not far from kabul. for more on this, we turn to nbc pentagon correspondent, jim miklaszewski. jim, what is this all about? >> lester, this order today shocked u.s. defense and military officials, taken totally by surprise. military officials strongly deny u.s. commandos condone or took part in any kidnappings, torture or murders of afghan civilians or suspects. now, in the past, president karzai has taken the u.s. military to task, in part, to show the afghan people that he's in charge. but wardak province is a taliban stronghold, one of the hottest combat areas in afghanistan. so if karzai's playing politics here, it's an extremely dangerous game, lester. >> could this derail the planned 2014 withdrawal of the majority of troops, the schedule the administration is currently sticking with? >> well, people are already wondering that. president obama has already a
in london or certainly in the u.s. they wouldn't mind seeing at this point. >> we've created a million private sector jobs. >> in britain? >> yeah. >> well, congratulations. >> there you go. that is the great conundrum, right? >> it's true. the different between -- well, and even with germany. the liesh market social security holding up, despite the sharp contraction in the fourth quarter. although this will probably add to the sense that the german economy bottomed during that period. >> did i see any -- i haven't seen any, no. i think that's out a little later. plenty to get through on today's program. >> it's good to be back, by the way. >> biggest take away from the mobile world congress? what's the one thing you saw that you thought, oh, that is really cool. >> i go to a conference like this and i think, machine res taking over the world. >> that's the thing we talk about. i don't like those machine peps. >> exactly. so 50 billion connected-m devic. that's a figure thatjs -- some y the point is, it isn't just about you and i talking to each other on a mobile phone. we are well bey
. >> and is steady as she goes, the u.s. economy is expected to keep up the recent trend of modesty of unspectacular job growth in january. >>> plus, the dutch finance minister warns of a worsening deficit this year, this after the government is forced to bail out local banks after a bailout of 3.7 million euros. >>> we kick off with the pmis out of the eurozone. january manufacturing pmi, 47.9. the flash 47.5, december manufacturing pmi was 46.1. it has boosted the euro to maintain its gaze, now back over to 1.3651 and continuing to climb high. that is now a 32-month high against the yen, as well, at 11.25965. the german manufacturing pmi was a little better, as well, this morning. helping to boost those numbers. we suggest that there's benefits from emerging markets rather than, perhaps, from elsewhere in europe. anyway, coming in better once again for the eurozone. still in contraction territory, but, of course, the trend is what is being concentrated on. we had similar indicators for two die verging views on china's recovery. eases to 50.4 for january, that was below the forecast of 5079 the. bu
of where we are in the pakistan-u.s. relationship. i assume that is of interest to everyone here. i'm happy to take questions about other issues or concerns that you might raise. it is good to be able to say that after a year, nearly over a year of my being here in washington since november, 2012, this relationship has come a long way since the days of early 2011 and early 2012 when it was marked by chronic mistrust and times of mismanagement and episodes that left many of us awake at night. i'm happy to report that the relationship is now on a stable and, we hope, up hill trajectory. our expectations are clearly articulated to each other. and certainly, the goals that we have mutually in the region and working for peace and stability in south and central asia as well as in pakistan, a task that is dauntingly cut out for us. we also of course, i want to report that quite apart from the past relationship, pakistan is under growing historic transformation and transition in the sense that we are in a few months about to go to our first peaceful constitutional transfer of power, which is throug
a 500 pound settlement with u.s. and uk regulators later this week. rbs will cover the bonus pools after a warning from the government that taxpayers should not foot the bill. rbs is planning to float the 316 branches of santander it has so far failed to sell. according to the papers, an ipo would allow the bank to dispose of that unit cleanly. lots going on. we're pleased to be joined by michael brown. welcome. >> happy monday morning. >> i know you want to talk about the super bowl. >> well, that would be nice given i was up watching it. >> i'm impressed. i should have been up staying up all night. my sister lives in baltimore. >> there are plenty of bank stories to get to in the meantime. >> absolutely. >> we're going to hear from george osborne in just a couple on hours' time. what does this mean? >> the idea is, of course, that we should have capital in both parts. but the problem is, there isn't enough capital to go around and, therefore, you don't want to spook the financial markets by saying, by the way, yes, you do need to have this. how do we get to where we want to be, i.e. en
that includes a billionaire warren buffet. the deal is believed to be the largest in the food industry. u.s. airways and american airlines have announced they are joining forces. the merger creates the world's biggest airline in terms of miles flown by passengers around the world. we have this from new york. >> the courtship is over and now they are making it permanent. u.s. airways announced its merger with american airlines. [applause] it was the closest thing to a marriage ceremony. the u.s. airways to executive counted the benefits of this union. >> these are two highly complementary airlines. the 900 route we fly individually. when you add them up, there are only 12 of them that have overlap. this is really about providing better service to customers. it creates a nice third competitor to the two larger airlines. our view is it increases competition, doesn't decrease competition. >> the deal will save the combines company's $11 billion per year. united shareholders will own 28% of the stock while american shareholders will own the remaining 72%. this deal will help rescue it from bankr
that people can wear like a watch. the u.s. patent and trademark office disclosed the patent filing on thursday. the computer has a flexible touch panel display, censors inside detect a change in the state of substrates and automatically adjust the user interface to a new position. the computer wirelessly connects with other portable devices like smartphones. there are rumors that apple is developing a wearable computer. google has also been developing a computer that looks like a pair of eyeglasses. competition in the emerging field of wearable computers is expected to further intensify. >>> new home prices rose in major cities in china last month despite the efforts to reign in speculative activity. officials will expand a pilot property tax program and other measures to curb the price hike. new housing prices rose in january in 53 cities. prices soared 2% or more in the industrial hubs of schennzhen. they went up 1.6% in beijing and 1.1% in wuhan. officials say they will expand taxation on real estate from shanghai to other cities. they say the measure is it to prevent public cri
meeting. they're due out later this afternoon in the u.s. will the fomc offer clues on an end to qe3? we're joined at 11:30 to weigh in. >>> with india's government clouded in corruption allegations, we'll speak to one of the country's wealthiest individuals and what it means for business. billionaire udai kotak joins us in 20 minutes' time. >>> plenty coming up including sony which is heading to the bill apple for a major on, national endowment. will the game console giant take the wraps off its rumored playstation? expert analysis at 11:20 cet. >>> and bhb bulletin has posted a steep fall in earnings for the first time in the year. the australian mining giant announced change at the top after the 43% drop in profit. we have more on this report from sydney. >> reporter: the surprise at bhp, billiton's ceo mariu marius kloppers announcement coming earlier than expected. >> coincided today with a weaker pricing environment. but two totally unrelated events. >> reporter: he will be replaced by andrew mckenzie, current head of bhp's middles division. he's well regarded in the industry and s
in a terrorist attack at the u.s. embassy in turkey. a homicide bomber setting off the blast in front of that facility today killing a turkish guard. several injuries also reported in the explosion. the u.s. state department says it is working with turkish police to investigate the attack. it is also warning american citizens in turkey to avoid high-risk areas and to remain alert. the story still developing right now. much course we will continue to keep an eye on it, bring you the latest coming up in a live report. and right now, brand-new stories, and breaking news. jenna: the hostage crisis involving a five-year-old boy being held in an underground bunker now entering its third day. we'll speak with a former f.b.i. profiler about that tense situation. what do you do now? we'll talk about it. also new job numbers from washington. our unemployment picture is thrown into reverse a little bit. we'll break down the today the a tell you what it means for your wallet and the economy. and for some the super bowl is nothing but filler between those often-times hysterical commercials. jon: l
-off. u.s. markets fell yesterday following the release of the fed minutes. it was the worst day of the year for the s&p and nasdaq. as you can see, shedding 108 points there, a rare triple digit decline this year. energy and material stocks were the worst hit. all ten s&p sectors did hit the day lower. volatility on the rise. the vix rose nearly 20% on this session. the sell-off has continued overnight. the shanghai composite, the australian markets taking it on the chin. will i sixuan joins us from singapore. >> thank you, kelly. fears of an early access by the fed rocks sentiment here in asia today. the nikkei pulls back 1.4% from its 52-month high. investors remain cautious ahead of the decision on the next boj chief. construction equipmentmakers were down after caterpillar reported slowing sales for the quarter ending january. but batterymaker gsyuasa reported a fix over long-term battery problems. the shanghai composite tumbled to 3% today. commodity place were under a lot of pressure today after the u.s. fomc minutes raised the possibility of a qe asset. development and ce
attack on apple comes within hours of a report by u.s. company -- by a u.s. company that points out -- points a finger at china. this is allegedly the building in shanghai that is believed to be at the center of the global hacking operation. the office is said to be occupied by a chinese military unit. the chinese government denies the accusations. experts say hacking is a way of gaining an advantage over countries that the chinese art keen to try -- are keen to try to outsmart. >> stealing valuable intellectual property, having some financial, proprietary information -- , in lash out politically some instances. >> the real worry is that the hackers turn your attention to delicate infrastructure, like oil refineries and power stations. online corporate security will need to be beefed-up even further if company files and customer safety are to be preserved. china's incoming president is promising to make the fight against corruption a centerpiece of his office. says moreng -- xi than 100,000 officials were caught out last year. 60 of those cases were at a senior level. the highest be
from her later in the show. >>> and taking the positive u.s. housing numbers from the nhab numbers. we'll be in new york with analysis at 11:45 cet. >> the italian election race is heating up. there is less than a week before voters head to the polls. comedian turns politician beppe grillo, in fact, is owes closing in on sylvia berlusconi for second place. official polls can no longer be published. the private polls seen by reuter s suggest mario monti may, in fact b with be something of a spoiler. >> and the election largely coming down to five key candidates. the front-runner is bersani. he's the leader of the center left pd party, calling for growth measures alongside monte's plan. sylvia berlusconi is threatening to make a political comeback despite corruption scandals. we've mentioned the comedian beppe grillo. at the same time, the former caretaker mario monti, he's been struggling to gain ground in his first ever political campaign. and then last, not necessarily least, there's the civil revolution leader and former public prosecutor antonio ingrola. >> only in italian politics.
of the pond is the snowstorm. it seems like winds, 50 miles per hour. blizzard conditions in the u.s. we know when there's a storm like that headed for the biggest media market frankly in the world, it's probably all you're going to hear about for a while. >> that doesn't mean there aren't other things, too the. >> that's true, in other parts of the world. >> china is ushering in the year of the snake. i'm not sure what that means, but we'll talk about it. should investors brace for a slippery return? i have to say, previous years of the snakes haven't been that great since the big historical events happen. >> maybe we should call it year of the strong. >>> peugeot reveals massive write-downs as reports suggest the company may nationalize. we'll have details live tr paris at 10:10 cet. sxwt latest on the blizzard threatening to bring chaos to the east coast. we'll have the latest from atlanta. >> and are investments as pretty as a picture or a still life? ross, there's been a couple of big auctions here lately and it's always a good gauge of how well people are doing, how hard assets, real pr
're going to speak to the top u.s. official at this meeting. ross, back to you. >> steve, good stuff. plenty more to come. let's get more from darah from hsbc. darah, are countries involved in currency wars or is it just the result of central bank policy which they need for their own domestic economy? well, i think actually both, really. but our assessment is that there is evidence of this currency war. the number of players is rising, the number of tools they're using to deliver it is grog. and just the scale of players. you have the japanese yen in the currency in maneuvering position and it's far more significant. there are far bigger players in the fx market than what we've seen in the past. >> you've done this chart. the most active is switzerland and japan. now, swisserland because they have a peg which they're defending. in japan, one could easily argue that their currency was far too overvalued. >> yeah. >> and oversold of their own. >> they don't dispute that. i'm sure it's a starting point when japan began this promise of radical monetary easing. and talking down its currency becau
. and the national guard that had to leave. ♪ ♪ bill: a lot of breaking news this morning on a friday. another u.s. embassy is under attack. this time in turkey. reports of a homicide bomber setting off an explosive device, killing himself and at least one other person. this is brand new video showing chaos at the scene. emergency crews responding as they pick through the rubble in the aftermath on the ground there. this is a story we're just working through right now. but there's a lot of news popping. good morning, i'm bill hemmer. we'll get to all of it today. martha: good morning. i'm martha maccallum. the details on this are still fluid. we're getting reports that the blast went off inside the security check point at the entrance to the embassy. bill: amy kellogg watching it all from london now. has there been a claim of responsibility, amy? >> reporter: not yet, bill. the turkish prime minister erdouan has said it is a suicide bombing there may have been a lot of groups behind this attack or at the u.s. embassy in ankara. it could have been islamist type group operating in turkey. in 2003 th
because of the legal journey. khalid el-masri also had cases here in the united states. and the u.s. courts actually refused to look into the merits of those claims, looking at things like the state secrets privilege or different types of immunities that would keep him as a torture victim from being vindicated in u.s. courts. so in fact what i think is the lesson here is not so much that the european courts could make those findings. it's that the european court did make those findings. >> you mean he couldn't have gotten a fair trial or the courts wouldn't at least give him a trial in this country? >> in this country, very few of the post-9/11 torture victims have ever had their day in court. and in fact, until recently the center for constitutional rights has been successful in a settlement. we got $5.2 million from u.s. corporations who were involved in harsh interrogation and torture in abu ghraib for 72 torture victims. but none of those cases have gone through adjudications. no court has made a finding the way that the european court did about the circumstances of their tortur
enforcement, even food inspection. and there are big worries about how it will hit the u.s. economy. >>> his side of the story. an emotional oscar pistorius in court for the first time. what he says really happened the night his girlfriend was killed. >>> and the brazen diamond heist at the airport right on the tarmac. a huge game of deception, $50 million worth of diamonds gone without a trace. "nightly news" begins now. >> announcer: from nbc news world headquarters in new york, this is "nbc nightly news with brian williams." >> good evening. it's an explosive allegation, and it's what we've all been warned about for years since the dawn of the computer age. a u.s. security firm says over 140 targets in this country have been hit electronically by a branch of the chinese military. big companies, you name it, some of the best-known brand names in the u.s. but more troubling than that is the idea that chinese hackers could reach into american society. the systems that run the country, our infrastructure and preserve order like power systems, air traffic, financial industry. it's a sweeping r
with serious opposition counsel may not be in jeopardy over u.s. efforts to keep counsel members ties out of the meetings. diplomatic efforts to persuade counsel to rethink its position and meet with secretary kerry. we'll let now what happens of course. afghanistan is kicking u.s. special forces out after key area and a war there. the word, that order coming from president hamid karzai following reports that people in the eastern province are tortured and murdered. the alleged crime is blamed on a group of armed afghans with possible ties to u.s. forces, special forces. karzai a giving the military two to clear out region. and counter insurgency operations inside of afghanistan, a strategically vital part of the country. and u.s. administration says they're not behind the forces and innocent civilians. a second major storm prompt ago blizzard watch for parts of the plains. more than a foot of snow possible in some places. details of who will get hit hardest in this latest round and where it will head next. and also, word now former republican presidential nominee, mitt romney is about to
. 360,000 for the week. we're just kicking off right now. the u.s. government issues a new warning for anyone who tries to hack our computer system. this is a big deal. we'll talk about that in a moment. martha: you've heard about this looming automatic spending cuts coming down the pipeline. one week from today they're supposed to kick in. how tough is it really to cut 2 1/2% of the budget? could you pull that off? could you cut 2 1/2% from the hemmer budget? bill: i could, yeah, this afternoon. president obama is talking about his round of golf with tiger wood for the first time now. this is from 2009, this picture. of a the white house took heat for shutting out the white house press corps. did you hear tiger. >> he hit the ball well and got amazing touch. he can certainly chip-and-putt. if he ever spent, after these four years, if he spend more time playing the game of golf, i'm sure he can get to where he's a pretty good stick. new honey bunches of oats greek yogurt and whole grain. here we go. honey cornflakes and chunks of greek yogurt. i'm tasting both the yogurt and the ho
sharply lower after a strong rally on monday. the drop follows a slump in u.s. markets. the yen strength has been a drag on a wide range of issues. they are concerned about whether italy can consider its final reforms. the nikkei average is down 1.75%. the dollar was at a one month low and not a one month high. let's take a look at other markets in the asia pacific. south korea's kospi down a thirthird of a percent. let's see what's going in australia. it's down to 5,018. we'll see where other markets take us as they open in next hour. japan's prime minister abe has made his choice for the new bank of japan leader. looks like many leaders of the oppotion party of japan wi goalong with it. kuroda is the chief of the asian development bank. abe is planning to present his nominees to the diet for approval by the end of this week. the government needs support from opposition parties. some members have expressed concerns. they say signing off on his appointment could be construed as approving the there isn't much doubt about his ability. some say there's not much mileage in continuing its opp
"newsline". u.s. president barack obama spent much of his first term battling a financial crisis. he won four more years with a pledge to get the economy going again. now he's outlined his strategy for making good on that promise. this year's state of the union address focused on job creation. but north korea also got high play. he said he would seek a tough response to tuesday's nuclear test. we have a report from washington. >> reporter: obama laid out his agenda for this year. he spoke about boosting domestic investment, particularly in infrastructure to bolster the economy and increase jobs. he said he wants to improve the livelihood of middle income americans. >> it is our generation's task to reignite the true engine of america's economic growth, arising, thriving middle class. >> reporter: he promised to tackle issues likely to face opposition from the republicans. tightening growth, tapping the nation's green ooh house emissions and fixes the immigration system. the president singled out north korea as a security threat. he said the regime can only achieve security and pr
of hacking attacks on u.s. infrastructure according to an american u.s. computer security specialists. australians this -- australian swimming in the dock. lack of strong leadership. also, we take a look at what is happening in business. dell could be going private? >> absolutely. they are going to be talking about their earnings later on, but shareholders at the moment saying that there is a glitch in the system and it does not add up. it is -- >> it is 12:00 noon here, 7:00 a.m. in london, and in south africa different stories have been appearing in court. he broke down crying after hearing the story of the premeditated murder of his girlfriend. the prosecutor told the court that he had got up from bed, put on his prosthetic legs, walked to the bathroom and shot his crow friend through the door. with the latest details, here is naomi. >> oscar pistorius was in court today. the pair lived decathlete sobbed into his hands as he listened to the arguments about whether he should get bail. prosecutors gave more detail of what they say happened last night. they'll age that -- they allege
with british prime minister david cameron as he introduces himself to some of the main u.s. allies. >> he's visiting nine countries as part of this 11-day trip. next stop germany. he also called the head of the syrian opposition group today to encourage him to come to the friends of syria meeting in rome. >> wow. the opposition group said on friday it would boycott that meeting because of a lack of support from the international community. >> we are determined that the syrian opposition is not going to be dangling in the wind, wondering where the support is or if it's coming. and we are determined to change the calculation on the ground for president assad. >> in new orleans the federal government and an army of lawyers for oil giant bp are ready to battle it out. a trial getting under way. >> bp wants to limit the civilian penalties it's got to pay for the worst oil spill in u.s. history almost three years ago. billions of dollars are now at stake. >>> now back to the vatican in crisis. pope benedict's final days now overshadowed by -- you're talking about allegations of abuse, sex, blac
, issues in the u.s. on the fiscal front. obviously, growth around the world. i think we're all pretty constructive on those issues, but i'm sure there will be uppes and downs every year as there are this year. >> and in an hour tr now, we're going to talk to one banking analyst who says that the investment banks will continue to be more volatile than those at ubs because ubs has made a bigger cut. we'll speak to him in one hour's time. for now, i'm going to go back into the warm where it's not snowing as hard. meanwhile, my cameraman has built something very nice, a very nice snowman. he's even got a hat. >> we noticed that straightaway. >> and so did michael houston. carolin, whose hat is that, by the way? >> it's a hat, it's a snow hat from davos, as far as i know. it's a davos hat. >> a agageneric davos hat. next time we come back, i want some eyes and a nose. if we can do that, that would be very good. you've got an hour. thanks, carolin, thanks, kurt. >> now, the falling yen is helping to keep sony on its profit path. the home electronicsmaker is sticking by its outlook as the we
gibbs. cyber wars. china's army now targeting u.s. pipelines and nuclear plants. with us to discuss, the authors of a new report tracing the attacks to military headquarters in shanghai. plus, play of the day. while the press corps was banned from the president's golf outing, tiger woods, david letterman fills in the missing links. >> this is our president playing golf this weekend. huh? >> that's one way to do it. good day. andrea mitchell live in washington where president obama is surrounded by uniform police and is now issuing dire warnings about the consequences if automatic budget cuts, the sequester, will create job losses and a setback to the recovery if that goes into effect next week. in response senate republican leader mitch mcconnell still prefers campaign events to -- joining me now for our daily fix, chris calizza and managing editor of post politics.com. well, chris, we saw the performance at the white house. this was a set piece, if you will. the instant response from mitch mcconnell. the bottom line is neither side is negotiating. the white house now assumes the se
leaders. she said the number of people arrested trying to enter the u.s. illegally dropped to a 40-year low. >> we've matched our successes at the border with smart, effective immigration enforcement with a focus on identifying and removing criminal aliens and other public safety threats. >> president obama will meet with business and labor leaders today hoping to convince them immigration reform will be good for the economy. >>> almost five months after the tragedy at a u.s. consulate that killed americans in benghazi libya, the senate voted to improve security at u.s. embassies overseas the measure heads to the house. [ applause ] >>> monday was john kerry's first day on the job as secretary of state. he joked about his predecessor, hillary clinton, saying he had big heels to fill. >>> public records indicate superdome officials were worried about a possible blackout months before the super bowl. officials still aren't sure what caused the 34-minute blackout. according to the "new orleans times picayune," they're looking at equipment that controls the flow of electric
's folks. u.s. post office ending saturday delivery of first class mail. if congress will go for it in but the move has major ram mications for business and for you. markets right now, pretty steady this hour. energy has been the leading sector in this recent rally. so are these still -- these stocks still a hot play or are they too hot to handle now? if you thought profits were the thing that is the only thing that ceos cared about, think again. we will tell what you is keeping top guys and girls up at night. my partner sue is up at the stock exchange. sue? >> hi, ty. money-losing u.s. postal service is ending saturday delivery of first class mail. all in an effort to trim costs. postmaster general speaking to cnbc about the move and ramifications for you and for business. pearson is in washington with the plan and political fall out. hampton, you're up first. >> losing about $36 million a day, cutting saturday first class delivery will save about $2 billion a year. it is really the best short term option right now for the postal service with losing $16 billion last year np
of these agenda items through. >> every bit of it. >>> a u.s. senator's travel habits are under fire right now and may land him in serious legal trouble. we have the document showing that senator bob menendez, did not, as requested, to report that he accepted free plane trips. >>> and the fall of a man who was once the most catholic leaders in the united states. it's chevy truck month! silverado was also recognized for the lowest cost of ownership. hey, what are you gonna do with it? end table. oh. [ male announcer ] it's chevy truck month. now get 0% financing for 60 months, plus trade up to get $1,750 total allowance on a silverado all-star edition. or trade up and choose customer cash plus option package discount for a total value of $7,250. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business p
approaching vasco road. mass transit on time. back to you guys. >> thank you. >>> american airlines and u.s. airways just announced plans for a merger. the $11 billion deal will create the largest airline in the world. it will combine the american look and old name with american in bankruptcy, up to a federal judge to decide if the deal will be a good one for its creditors. if the deal flies, the world's four biggest airlines would control nearly 70% of all air traffic. experts say ticket prices could take off as a result. >> even though people say that, you know, this particular merger of u.s. airways and american articles isn't going to raise ticket prices, i don't believe that one bit. >> the two airlines have been in negotiations since august. >>> this morning, passengers being towed to port on that disabled cruise ship are counting the hours until they finally arrive back on solid ground. the carnival triumph is being tugged across the gulf of mexico. live pictures, this is off mobile, alabama where i'm sure people can't wait to get off that ship.
to reassure u.s. embassy employees. >> i will do everything in my power to go to capitol hill and persuade my colleagues of the vitality, criticality of everything we're doing here. >> in washington president obama is increasing the pressure speaking just now to the nation's governors. >> here's the thing. these cuts do not have to happen. congress can turn them off any time with just a little bit of compromise. >> this weekend republican governors had their say. >> the uncertainty of sequestration is really harming our states and our national economy. >> the sequester was put in place to be a hammer, not a policy, and now here we are just a week away. find another way to do it, and get it done now. >> arizona. we have raphion there. it's going to cut a lot of jobs. >> vatican intrigue. new controversy surface as the pope permits an earlier start for the conclave to choose his successor. and the oscar goes to ben affleck. scoring gold with "argo" as first lady michelle obama stuns with a surprise special appearance from the white house. >> i am so honored to help introduce this year's nominee
of syria has accused israel of trying to stabilize its country. the warning comes as new u.s. figures show the number of serious refugees rose by more than 25% last month. the president told state television the military is ready to confront any act of aggression by israel. this follows an air strike outside the capital of damascus on wednesday with the government has blamed on israel. the promise came as he met the head of a rob's and national security council. the theory of conflict has dominated high level talks at a security conference in germany. the defense minister of israel appears to confirm speculation that israeli forces were behind wednesday's attack near damascus. >> alongside apparent diplomatic progress on syria, there were reminders about how easily the conflict could spread. the defense minister of israel spoke of the imminent fall of bashar al-assad, and gave his response to reports that israeli jets bombed targets inside syria. >> i cannot say anything about what happened in syria several days ago, but they keep telling us that frankly that we said when we face some thin
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